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economic development

$424.9M considered for projects at Fire stadium questioned

Cohen said the development would fill a site that has laid dormant for nearly 50 years. “The 78” is being developed by Related Midwest on what Cohen called “a 62-acre hole” in the city grid. #centersquare #stadium #porjects

Bally’s Urges Chicago City Council to Reconsider Video Gambling Terminal Expansion

In a statement, Bally’s Corporation Senior Vice President for Corporate Development Christopher Jewett said the expansion of video gambling terminals represents a significant threat to the city’s long-term financial interests and violates commitments made under the company’s host community agreement with Chicago. #bally's #council #expansion

Illinois Extends and Expands Affordable Housing Tax Credit in FY2027 Budget

Housing advocates say the move represents one of the state’s most significant affordable housing investments in recent years and will help support the development and preservation of affordable homes across Illinois. #budget #affordablehousing #taxcredit

QuikTrip Breaks Ground on $20 Million Kankakee Development Project

The project marks the culmination of nearly five years of planning and collaboration between QuikTrip, the City of Kankakee, the Economic Development Agency of Kankakee and various state and local partners. #kankakee #quicktrip #development

Op-Ed: Forging Strategic Partnerships and Building Success

Legal issues can be stressful and so it is imperative to have a firm that not only understands the law but understands what the client is facing. This is where Vasselli Law, founded by James Vasselli, excels. #jamesvasselli #law #oped

Pekin Data Center is ‘done’

The intended site was located at 3528 Edgewater Drive.

Op-Ed: The Painful Costs of Pausing Data Center Incentives

We are in another one of those moments, and America’s fiercest competitor, China, is in a sprint for global innovation leadership. #oped #datapauce

Illinois Opens Applications for $9 Million Program Targeting Vacant, Abandoned Residential Properties

State officials said the program is designed to help communities re vitalize distressed neighborhoods, create new housing opportunities, and spur local economic growth. #chicago #housing #vacantlots

IBM to Bring 750 Jobs to Chicago’s South Side with New Quantum Innovation Hub

State leaders described the investment as a significant step in positioning Illinois as a national leader in emerging technologies, while also expanding economic opportunities in historically underserved communities. #jobs #ibm #southside

Illinois, UAE Leaders Convene in Rosemont to Strengthen Innovation and Investment Ties

Illinois, UAE Leaders Convene in Rosemont to Strengthen Innovation and Investment Ties (Rosemont, IL) - Business and government leaders from Illinois and the United...

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